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Latest Business News

• Debt's dark angel

  Uncle Sam isn't the only one who has maxed out on debt. After issuing billions in junk bonds and loans, corporate America is also approaching its...   2:04 AM

• Insiders cash out

  Corporate insiders aren't putting a lot of stock in the economic recovery. As Wall Street's mood darkens because of disappointing economic data,...   2:04 AM

• Google+ A+ raves lift stock

  Google may be coming out of its social shell, and it's making a case to join the Web 2.0 bubble. The search giant's latest foray into the social...   2:06 AM

• Netflix price hike causes drama

  Netflix customers pitched a hissy fit yesterday after the subscription movie service jacked up the price of its DVD and streaming video rentals....   2:04 AM
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  Support growing for QE3

  Qe3 could set sail from a shipyard near you as the Federal Reserve's Ben Bernanke scrambles to steer a listless economy toward a more robust recovery after the worst financial crisis in a generation. According to minutes released yesterday of...   2:04 AM

• NY AG probes BofA pact

  New York's attorney general is investigating Bank of America's $8.5 billion settlement over losses in mortgage-backed securities, and has sought data...   12:35 AM

• Muzzle's the word

  The Federal Reserve, in a push to control the often-wayward communications of its top officials, issued detailed rules yesterday dictating what they...  

• Einhorn's safe: Selig

  Baseball Commissioner Bud Selig told ESPNNew-York.com that hedge-fund guru David Einhorn has no significant obstacles remaining to become minority...  

• Apple loses legal eagle

  Apple's chief patent counsel will soon leave the company, at a time when the iPhone maker is fighting numerous legal battles around the world,...   12:35 AM

• Business briefs

  Irish 'junk' Ireland joined Portugal and Greece as the third euro-area nation to have its credit rating reduced to below investment grade. Buyback...  
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  Bulls are cowed

  Meet the incredible shrinking bulls of Wall Street. Besieged by massive mortgage settlements, Europe's debt crisis, a weak economy and a raft of new regulations, the nation's biggest banks are on pace to post their worst revenue tallies in years...  

• Italian debt fears stalking Wall street

  Italian debt woes served up a fresh round of agita for Wall Street. US stocks suffered their worst session in a month, with financial stocks leading...  
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  Summary judgment

  The Huffington Post, a blog long criticized for lifting too much content from others, "indefinitely suspended" a young writer for doing just that in a flourish of satire she believed her bosses wanted. The writer, Amy Lee, was sidelined after...   2:06 AM

• The ball is over

  It wasn't just the economy that crashed Rock & Republic. The defunct denim label, which in its heyday sold $200 jeans at upscale department stores,...  

• Office leasing rate grows

  Manhattan office leasing is up 34 percent from last year, according to CB Richard Ellis Group. Almost 15.7 million square feet of leases were...  

• Hertz rolls out bid extension for rival

  The waiting game just got longer for shareholders of Dollar Thrifty. Rival car-rental giant Hertz said it would extend the deadline for its buyout...  

• Galleon guy Gupta can sue SEC

  Former Goldman Sachs director Rajat Gupta -- the biggest name to get caught up in Raj Rajaratnam's insider-trading scandal -- can pursue his lawsuit...   2:06 AM

• Einhorn's hot hand

  David Einhorn, the hedge-fund manager who agreed in May to buy 33 percent of the New York Mets, survived the first round of the World Series of Poker's...   2:06 AM

• Antitrust review for BSkyB bid

  News Corp.'s bid for satellite broadcaster British Sky Broadcasting will be reviewed by UK antitrust regulators after the company withdrew its offer to...  

• Newsweek site to die

  Newsweek Daily Beast, the media partnership formed earlier this year when Newsweek merged with the Daily Beast Web site, will phase out its Newsweek...  

• FCC: Comcast fault

  Comcast favored its own programming over the Tennis Channel in violation of federal rules and should be forced to distribute the network on equal terms...  

• Business briefs

  HTC vs. Apple HTC was accused of infringing Apple patents in a US International Trade Commission case that may halt US imports of the Taiwanese...  
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  Dunkin' Donuts to boost IPO to $600 million

  Dunkin' Donuts is banking on a fat IPO -- but investors may want to watch their appetite. The coffee-and-doughnut chain will boost the size of its offering to $600 million -- more than the $400 million it initially planned in May -- when it...